DREAMING OF A NEW HOME?

 





This month we’ve seen asking prices fall for just the third time this year. The drop – of 2.1% – takes the national average asking price of a home to £359,137.

Economic headwinds including rapidly rising mortgage costs mean that some would-be buyers may have paused their plans for the foreseeable future. However, over the past two weeks the number of people enquiring to estate agents is up 4% on the same period in 2019, and there are also signs that some discretionary buyers, who are still able to move, are using the space between now and the New Year to weigh up their options. Before sending an enquiry, future buyers need to consider what they could purchase, and the number of views of homes for sale on Rightmove is up 11% on last year. This indicates that there are many ready-to-go buyers, monitoring and waiting for a calmer market in 2023 after an uncertain last few months of the year

If you are thinking of moving and would like me to help you find your dream home please call me now on 01933 829088 or email Rachel.Johnson@cheltonbrown.co.uk 


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